Thursday, June 25, 2026
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Acquisitions

AcquisitionsMidwestNebraskaRetail

Investors Realty Brokers $14.5M Sale of Plaza North Shopping Center in Omaha

by Kristin Harlow

OMAHA, NEB. — Investors Realty Inc. has brokered the sale of the Plaza North Shopping Center in Omaha for $14.5 million. Situated near the intersection of 90th and Fort streets, the grocery-anchored property totals 203,250 square feet. Tenants include Baker’s Supermarket, Fowling Warehouse, Altitude Trampoline Park, Planet Fitness and ArchWell Health. The asset underwent a significant renovation in 2018 and was 92 percent leased at the time of sale. Ember Grummons of Investors Realty represented the seller, Plaza North Station LLC. Sam Seelenfreund of Cleeman Realty Group represented the buyer, Sky Capital Group.

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WestEnd25
AcquisitionsCaliforniaDistrict of ColumbiaMultifamilySoutheastTop StoriesWestern

JRK Property Holdings Acquires Two Apartment Communities in Los Angeles, Washington, D.C. for $315M

by Abby Cox

LOS ANGELES AND WASHINGTON, D.C. — Los Angeles-based JRK Property Holdings has acquired two apartment communities totaling 684 units, Chase Knolls in Los Angeles and WestEnd25 in Washington, D.C., in two separate transactions for a combined total of $315 million. Located on 14 acres in the Los Angeles neighborhood of Sherman Oaks, Chase Knolls is a 401-unit garden-style community that encompasses nearly two city blocks. The property was originally built in 1949 to include 260 Art Deco-inspired apartment homes across 19 one- and two-story residential buildings. In 2021, a new clubhouse and resort-style swimming pool were integrated into the community, along with 141 new units that were constructed to occupy six additional residential buildings. JRK also plans to make further enhancements to the complex to improve the community amenities and common areas.  According to Cushman & Wakefield, which marketed the property for sale on behalf of the undisclosed seller, Chase Knolls is one of only 12 apartment communities exceeding 100 units built in Sherman Oaks over the past 75 years, a testament to the significant development hurdles in the area, such as limited land and high barriers to entry. The second property, WestEnd25, is a 283-unit high-rise apartment community that …

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AcquisitionsRetailTexas

STRIVE Arranges Sale of 60,685 SF Shopping Center in Lubbock, Texas

by Taylor Williams

LUBBOCK, TEXAS — Dallas-based brokerage firm STRIVE has arranged the sale of Family Park Center, a 60,685-square-foot shopping center located in the West Texas city of Lubbock. The center is located along I-27 and was 94 percent leased at the time of sale to tenants such as Dollar Tree, Harbor Freight and Specialty Auto Repair. Will Schubert of STRIVE represented the locally based seller in the transaction and procured the Irving-based buyer. Both parties requested anonymity.

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AcquisitionsConnecticutMultifamilyNortheast

IPA Negotiates $121M Sale of Connecticut Multifamily Portfolio

by Taylor Williams

NEW HAVEN, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the $121 million sale of a portfolio of four multifamily properties totaling 693 units in Connecticut. The portfolio comprises New Cambridge, a 208-unit complex in Bristol that was built in 1969; Silvertree, a 180-unit property in Wallingford that was constructed in 1976; Peppertree, a 205-unit asset in Groton that was completed in 1975; and Huntington Ridge, a 100-unit complex in Norwich that was built in 2004. Victor Nolletti, Eric Pentore and Wes Klockner of IPA represented the seller, Sun Equity Partners, in the transaction and procured the buyer, FPA Multifamily LLC.

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160-Gould-Street-Needham-Massachusetts
AcquisitionsMassachusettsNortheastOffice

Riverside Properties Buys 135,272 SF Office Building in Needham, Massachusetts

by Taylor Williams

NEEDHAM, MASS. — Locally based investment firm Riverside Properties has purchased a 135,272-square-foot office building in Needham, about 20 miles southwest of Boston. The three-story building at 160 Gould St. offers an outdoor socialization area and a former full-service cafeteria. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell, William Sleeper, Joseph Alvarado and Casey Valente of Newmark represented the seller, James Campbell Co., in the transaction. The team also procured Riverside Properties as the buyer.

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AcquisitionsMississippiNorth CarolinaRetailSoutheast

Marcus & Millichap Brokers $6.8M Sale of Two-Property Retail Center Portfolio in North Carolina, Mississippi

by John Nelson

SPRING LAKE, N.C. AND JACKSON, MISS. — Marcus & Millichap has arranged the $6.8 million portfolio sale of two retail properties totaling 53,000 square feet in Spring Lake and Jackson. Walmart shadow-anchors both centers. Built in 2004, Spring Lake Town Center totals 29,841 square feet and was 85 percent leased at the time of sale to tenants including Dollar Tree, AT&T, GameStop, Cricket Wireless, Cato, Papa Murphy’s and OneMain Financial. The second property is a 24,069-square-foot retail center located at 4882-4898 Highway 18 W in Jackson. Tenants include Humana, It’s Fashion and Shoe Show. Zach Taylor and Eric Abbott of Marcus & Millichap represented the seller, a private real estate company, and procured the buyer, a private 1031 exchange investor, in the transaction. Both parties requested anonymity. Donald Gilchrist served as Marcus & Millichap’s broker of record in North Carolina, while Mickey Davis was the firm’s broker of record in Mississippi.

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1335-W-St-Marys-Rd-Tucson-AZ
AcquisitionsArizonaMultifamilyWestern

Marcus & Millichap Arranges Sale of 84-Unit Westside Commons Apartment Complex in Tucson

by Amy Works

TUCSON, ARIZ. — Marcus & Millichap has brokered the sale of Westside Commons, a multifamily property in Tucson. A limited liability company acquired the asset from a limited liability company for $10.7 million. Located at 1335 West St. Mary’s Road, Westside Commons offers 84 apartments. Hamid Panahi and Clint Wadlund of Marcus & Millichap represented the seller and procured the buyer in the deal.

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Bay-Bridge-Center-San-Diego-CA
AcquisitionsCaliforniaIndustrialMixed-UseOfficeWestern

Juniper Ridge Partners Buys Five-Building Flex Property in San Diego for $10.4M

by Amy Works

SAN DIEGO — Juniper Ridge Partners has acquired Bay Bridge Center in San Diego from Jon and Donna Stockholm Trust for $10.4 million. Located at 1943-1995 Main St., Bay Bridge Center offers 38,300 square feet of mixed-use flex space. The five-building, multi-tenant asset is situated on 2.1 acres in San Diego’s Harbor/Downtown submarket. At the time of sale, Bay Bridge Center was fully leased to six tenants, including San Diego County Schools and Wrensilva, a high-end audio manufacturer. The property features 400 feet of frontage on Main Street and Harbor Drive, secure yard areas and proximity to a San Diego Trolley stop with immediate access to Interstate 5. Chris Holder, Mark Lewkowitz and Will Holder of Colliers represented the buyer and seller in the deal.

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3440-S-Vance-St-Lakewood-CO
AcquisitionsColoradoHospitalityWestern

Matthews Brokers $7.2M Sale of Best Western Hotel in Lakewood, Colorado

by Amy Works

LAKEWOOD, COLO. — Matthews Real Estate Investment Services has arranged the sale of a Best Western hotel located at 3440 S. Vance St. in Lakewood. The asset traded for $7.2 million. The names of the seller and buyer were not released. Simon Assaf and Hunter Davis of Matthews handled the transaction. Constructed in 1995, the 144,619-square-foot hotel features 112 guest rooms.

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AcquisitionsMichiganMidwestRetail

SPERRY Negotiates Sale of Two Grocery-Anchored Shopping Centers in Southeast Michigan

by Kristin Harlow

ORTONVILLE AND FLUSHING, MICH. — SPERRY Property Investment Counselors, an affiliate of SPERRY, has negotiated the sale of two grocery-anchored shopping centers in southeast Michigan. One property totals 73,253 square feet in Ortonville while the other spans 67,248 square feet in Flushing. Robert Pliska of SPERRY represented the seller, the Bueche family, who will continue to operate the grocery stores while selling the real estate. Laurencelle Properties was the buyer.

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